International Monetary Market

International Monetary Market (IMM) is a division of the Chicago Stock Exchange Chicago Mercantile Exchange . Futures are traded on the IMM . It is the largest futures exchange in the United States and the second largest in the world after Eurex . The IMM started its business in 1972.

The quarterly expiration dates of the futures are called IMM Dates . Based on these, the nearby payment dates from CDS are also called IMM Dates.

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